It was in the Wall Street Journal...if took everyone who made over $500,000 and confiscated ALL their income above that $500,000 level...the government would collect a total of $1.3 trillion based on 2006 tax returns.
Don't think the collectivists are coming after you? Stick around.
Any thoughts on a federal sales tax?
ReplyDeleteWe can start this, and lower income tax or FICA. This might be a good way of getting people to pay taxes, that might not be paying any. Less corporation tax could create more jobs and expansion.
-BS